Post Utme Igbinedion University 2020 Commerce Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2020 Commerce Objective / Multiple Choice
Question 37 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • COMMERCE • objective

A company has a policy of paying its employees a fixed salary of ₦50,000 per month, regardless of the number of hours worked. If the company has 10 employees, and each employee works for 20 hours in a week, what is the total cost of labor for the company in a week?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,200,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,200,000

About This Question

This is Post Utme Igbinedion University 2020 Commerce Question 37. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.

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